The internet of things (IoT) has been taking over the corporate world for nearly a decade now. But some organisations are still facing barriers to IoT adoption. If your company is slow to pull the trigger on IoT, we'll explore what might be holding you back.

Internet of things or IoT is a framework of networked devices that can communicate with each other and a central repository to provide real-time monitoring, reporting, automation and machine learning capabilities for business. IoT also includes consumer in-home devices like smart heating, energy monitoring and voice assistants.

Why do you want it?

There's an immense opportunity to carve out market share with IoT applications. For end-users, IoT offers limitless opportunities in every aspect of building and people management. From booking desk space to automating HVAC systems, monitoring occupancy, and delivering cost and energy savings, it can transform the way you operate - for the better. IoT can enhance your customer experience into a competitive advantage. Adopting IoT is the first past the post position where customer loyalty will only happen if you're the first to make that advance in your space. If you're the 2nd or 3rd, you're just playing catch up. So, it's probably a good idea to get the support of an expert partner to help you identify where the quick wins are.

What's holding companies back from IoT adoption?

Barriers to IoT adoption for most companies include:

If your company is worried about the cost, integration concerns or safety of IoT devices, talk to an IoT systems integrator before ruling out IoT entirely. We can help you properly scope to mitigate the risk and take advantage of this compelling technology.

Tern plc published this content on 29 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 December 2021 15:06:02 UTC.